LG outearns Samsung in appliances, despite similar sales

Samsung Electronics and LG Electronics generate broadly similar revenue from TVs, home appliances and air conditioning. The profits they make from those sales, however, have diverged sharply. In the second quarter, Samsung’s business involving visual displays and digital appliances posted 14.5 trillion won ($10.5 billion) in revenue, but an operating loss of some 10 billion won. LG, meanwhile, generated combined revenue of 14.92 trillion won from its sales of home appliances, TVs and heating, ve

By The Korea Herald